Delaware Ivy VIP Limited Term Bond
Objective And StrategyObjective
Current income consistent with preservation of capital.
The Fund invests primarily in investment grade, U.S. dollar-denominated, debt securities of primarily U.S. issuers. We may look at a number of factors in selecting securities for the Fund's portfolio, beginning with a review of the broad economic and financial trends in the U.S. and world markets. This process aids in the determination of economic fundamentals, which leads to sector allocation. Within a sector, we typically consider a security's current coupon, maturity and relative value along with the creditworthiness of the particular issuer.
Tax Inefficient Fund
Asset classes that make large ordinary income distributions or generate significant short term capital gains are tax inefficient. Asset classes that match this description include REITs, commodities funds and absolute return funds.
Bonds - Short Term08/2010
- Fund Prospectus and Other Forms